HNA Group is a conglomerate developed against the backdrop of China’s reform and opening up. Maiden flight on May 2, 1993 signified the beginning of its undertakings. It has created a miracle in the business community over the past two decades, successfully transforming from a traditional aviation enterprise to a conglomerate, and expanding from Hainan Island to the globe. It is committed to creating a business culture of the new era: It has initiated a distinct operating and control system which incorporates the interests of the society and others with its own; a new management method that features traditional Chinese culture and integrates Chinese socialist values with world-class management system; and a corporate culture befitting both Chinese and western society.
HNA Group was founded in 1993. In the past 20 years, it grew during China’s reform and opening up and has developed from a local aviation transportation operator to a conglomerate encompassing core divisions of aviation, hospitality, tourism, real estate, retail, finance, logistics, shipbuilding and eco-tech. Its business outreach has expanded from Hainan Island to the globe. Its total assets exceed RMB one trillion. In 2016, HNA reaped revenues of over RMB 600 billion and provided 410,000 jobs. In July, 2015, it made its debut on Fortune 500 at 464, with revenues of over USD 25.6464 billion. In July 2016, it ranked 353 of Fortune 500 companies with revenues of USD 29.56 billion, up by 111 in the ranking.
As of December 2016, HNA Group has a fleet of over 1250 aircrafts, operates 1100 domestic and international routes, fly to over 270 cities and has served 92 million passengers annually. It operates and manages Hainan Airlines, Tianjin Airlines, Capital Airlines, Deer Jet, Lucky Air, West Air, Fuzhou Airlines, Urumqi Air, Beibu Gulf Airlines, Yangtze River Airlines, Guilin Airlines, Chang’an Airlines, Africa World Airlines, and Aigle Azur. The flagship subsidiary—Hainan Airlines has been certified as a SKYTRAX Five-star Airlines for six consecutive years. According to the “World’s Safest Airlines” released by Germany’s Jet Airliner Crash Data Evaluation Centre (JACDEC), Hainan Airlines ranks third globally and first in mainland China due to its zero accident rate. Deer Jet, the largest private jet company in Asia, operates and manages 90 private jets, including the world’s first Boeing 787 private jet. It was awarded the “World’s Leading Private Jet” by WTA in 2015, and is also the first Chinese private jet operator wining NBAA Flying Safety Awards.
HNA Finance’s main business is leasing and insurance. It also provides traditional and innovative financial services such as securities, banking, futures, fund, investment banking and internet finance. Its leasing business covers professional leasing in aircraft, ship, container, and infrastructure. Bohai Leasing, the only leasing company listed on the A-share market, has become the world’s largest container lessor. It is also the world’s fourth largest aircraft lessor with a fleet of nearly 550 aircrafts. HNA's insurance business has over 1100 outlets.
HNA Tourism, with outbound tourism as the core business, fully develops tourism finance and tourism electronic commerce, consolidates upper and lower stream resources of the industrial chain and creates products of the consumer value chain. It owns Caissa, a leader in China’s outbound tourism market and Yi sheng jin fu (Easy Life), a full license financial payment service provider. It has licenses of third-party payment, cross-border payment, nationwide franchise individual foreign exchange, micro credit, and outbound tax refund. Caissa has more than 240 outlets in 100 countries and regions, providing 8000 categories of high-end tourism products.
HNA Hospitality Group, established in 1997, strives to create a global hotel brand, lead high quality lifestyle and become the world’s leading hotel operation and investment group. It owns and manages about 3200 hotels home and abroad, a total of 380,000 rooms. It has built high-end luxury hotels, business hotels, resorts, inns, property hotels and other diversified portfolio. Tangla Hotel is aspiring to build a world-class hotel brand with the philosophy of “from the east, to the globe”. Tangla Brussels, opened in March, 2016, is the first indigenous hotel brand going global. It has successfully received and served state-level visits for 5 times.
HNA Airport Group currently has 13 airports under its management and cooperation projects, encompassing Haikou Meilan International Airport, Sanya Phoenix International Airport, Qionghai Boao Airport, Yichang Sanxia Airport, Weifang Nanyuan Airport, Manzhouli Xijiao Airport, Anqing Tianzhushan Airport, Tangshan Sannvhe Airport, Songyuan Chaganhu Airport，Yingkou Lanqi Airport and so on. It was time only ten months from the start of the construction of the Boao airport to have trial operation conditions, creating a world civil aviation airport construction in the history of the miracle. There are 4 Skytrax four star airport in HNA airport, including Haikou Meilan International Airport, Sanya Phoenix International Airport, Yichang Sanxia Airport, Manzhouli Xijiao Airport. In 2016, Haikou Meilan International Airport won “SKYTRAX Best Regional Airport in China” and its International Terminal Building also obtained “SKYTRAX 5-Star Terminal”. Sanya Phoenix International Airport honored three world class awards which is the first in 2015 annual ACI Global Airport Passenger Satisfaction between 5-15 million, the second Asia-Pacific region airport in World’s Best Regional Airport ,the World’s Best Airport(with same region and scale). In 2016, the passenger traffic reaches 39 million. Haikou Meilan International Airport and Sanya Phoenix International Airport have respectively handled over 35 million passengers annually, ranking the 18th and 19th in China.
HNA Real Estate focuses on the city’s comprehensive operation and strives to provide its community clients with high quality services which include development and management of CBD, city infrastructure, real estate and urban complex, etc. By the end of December 2016, there are 34 investment projects carried out in over 40 cities, with a building area of 49.671 million square meters. It manages 20 property projects including office buildings, retails, hotels, and apartments, with an area of 18.037 million square meters. HNA Real Estate is now developing the CBD of Hainan International Tourism Island with an area of nearly 3,000 mu and the South Sea Pearl River Man-made Island with an area of over 7,000 mu.
CCOOP, a HNA retail group, owns brands like Xi’an MINSUNG department stores, Hunan JOINDOOR supermarkets, Baoji Retailing, Shanghai Jiadeli supermarkets, and it has 17 department stores, 1610 retail stores and 150,000 franchise stores in 20 provinces and directly-controlled cities of China. The total business area registers 1.22 million square meters.
HNA Technology & Logistics is a strategy-oriented holding group which focuses on the operation, investment, innovation and R&D of science and technology, striving to build 5 business platforms of advanced technology industry operation, high end technology R&D and manufacture, modern logistics, smart supply chain management and logistics industry finance. By December 2016, the total asset of HNA Technology logistics exceeds RMB 180 billion, and the total income registers over RMB 300 billion. It has over 50 holding companies, including Ingram Micro, the largest IT products distributor and supply chain service provider, and A share market companies such as Tianhai Investment (600751), eKing Technology in NEEQ market (831608), HNA Cold Chain (831900), Zhijing Cold Chain (837310), etc. Its business covers major countries in North America, Europe, Oceania and Asia, and its overseas employees register over 60,000.
HNA Culture & Entertainment industry is based on omnimedia platforms. With excellent IP content as the core, it focuses on the content product producing and service operation. It is committed to becoming a "world leading culture and entertainment enterprise" that covers industries such as media, film and television, sports, entertainment, and online game. Its subsidiary media company “High Above” has numerous quality airport advertising resources in China, with an annual coverage of nearly 60 million person times. The business forms of company “China Yajee Arts” include Beijing Opera, drama, kunqu opera and Chinese guqin, dance, music, etc. It organizes more than 260 performances each year in nearly 20 provinces, cities and autonomous regions nationwide. Among which Beijing Opera “Mei Lanfang Classics” draws the essence of Mr. Mei Lanfang, the famous Beijing Opera master, and it has been identified as national key projects by the National Ministry of Culture in 2015.
Over the past two decades, HNA Group has put fulfilling corporate social responsibility as one of its business development strategies. It holds the corporate culture of “do something for the society, and do something for others” and promotes social harmony with its actions. To date, HNA Group has donated over RMB 10 billion in charity. HNA Group has developed charity projects like HNA Brightness Action, HNA Benevolence Wells, HNA Social Innovation Competition, HNA Send Love Home, which have won the recognition of governments, ministries and all walks of life. Over the years, HNA has been awarded “China Charity Award” for four times, “Outstanding Enterprise in China Corporate Social Responsibility List”, and “South-South Award—Corporate Social Responsibility” by the United Nations. In October 2010, HNA Group sets up a private foundation - the Hainan Cihang Charity Foundation. In October 2013, HNA Group donates 22% of its equity to the Foundation, making it the largest single shareholder of the Group, and also become an important charity platform for HNA to fulfill its social responsibilities.
HNAers will always bear in mind the vision of “building a world-class conglomerate”, carry forward the entrepreneurship of “brave to explore, persist in change, continue to innovate, strive for excellence”, and make greater contribution to the society and mankind, and establish a world-class conglomerate. It is a due responsibility of 400,000 HNAers to fight for the rejuvenation of Chinese nation and contribute to realization of the China Dream.